HSN Code 73042400 provides the tax classification for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under Chapter 73 – Articles Of Iron Or Steel of the GST tariff. Businesses dealing in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..

HSN Codes under Chapter 73 – Articles Of Iron Or Steel

Below are related HSN codes from Chapter 73 – Articles Of Iron Or Steel for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Articles Of Iron Or Steel... 73011000 Sheet Piling Of Iron Or Steel, Whether Or Not Dril... 0.09 0.09 0.18
Articles Of Iron Or Steel... 73012010 Sheet Piling Of Iron Or Steel, Whether Or Not Dril... 9.00% 9.00% 18.00%
Articles Of Iron Or Steel... 73012090 Sheet Piling Of Iron Or Steel, Whether Or Not Dril... 0.09 0.09 0.18
Articles Of Iron Or Steel... 73021010 Railway Or Tramway Track Construction Material Of ... N.a. N.a. N.a.
Articles Of Iron Or Steel... 73021011 Head Hardened Rails N.a. N.a. N.a.
Articles Of Iron Or Steel... 73021012 Asymmetric Rails With End Forging N.a. N.a. N.a.
Articles Of Iron Or Steel... 73021013 Asymmetric Rails Without End Forging N.a. N.a. N.a.
Articles Of Iron Or Steel... 73021014 Other Than Asymmetric Rails And Head Hardened Rail... N.a. N.a. N.a.
Articles Of Iron Or Steel... 73021019 Other N.a. N.a. N.a.
Articles Of Iron Or Steel... 73021020 Railway Or Tramway Track Construction Material Of ... N.a. N.a. N.a.

GST Rates for HSN 73042400

The tax structure for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under HSN Code 73042400 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 73 – Articles Of Iron Or Steel.

Who Should Use HSN Code 73042400?

Manufacturers, wholesalers, retailers, and exporters dealing in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel are required to mention HSN 73042400 on all tax documents. This classification under Articles Of Iron Or Steel applies to businesses of all sizes operating within Chapter 73. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Planning to trade in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel? Complete GST registration to legally collect taxes on goods under HSN 73042400. Businesses importing or exporting Articles Of Iron Or Steel products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Correct HSN Code 73042400 application for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 73 – Articles Of Iron Or Steel through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 73042400?

Official GST rates for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under HSN 73042400 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.

Do online marketplaces need to mention HSN 73042400?

Yes, online marketplaces and e-commerce operators selling Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel must mention HSN Code 73042400 on invoices. This Articles Of Iron Or Steel classification applies to all sales channels under Chapter 73.

What documents are needed for company registration to trade in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel under HSN 73042400.

How often do GST rates change for Articles Of Iron Or Steel products?

GST rates for Tubes, Pipes And Hollow Profiles, Seamless, Of Iron (Other Than Cast Iron) Or Steel - Casing, Tubing And Drill Pipe, Of A Kind Used In Drilling For Oil Or Gas: -- Other, Of Stailess Steel and other Articles Of Iron Or Steel products under Chapter 73 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.

More HSN codes from Chapter 73

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